A personal injury is something none of us wants to experience. Whether you were injured at work, in an accident at another person’s property, or as a customer at a business shop, personal injuries aren’t only painful, and they can start to add up financially.
We’re going to go over the financial repercussions of a personal injury.
Even if you have a small injury, medical bills can start to add up quickly. The cost of an ambulance ride alone can be anywhere from $400 to $1,200 plus mileage. This doesn’t include any of the care you’ll need once you get to the hospital.
If you have a severe injury that needs surgery or extender care after urgent care. For many, this can be a severe financial burden, even with health insurance. If a person doesn’t have health insurance, a little injury can create a lot of debt.
Time Off of Work
On top of serious medical bills, if you have an accident that causes you to take time off of work, that can be a serious financial problem for you. The Nielsen study stated, “that one in four families making $150,000 a year or more are living paycheck-to-paycheck.”
Being out of work, even for just a week, can be a big problem for individuals or families. If the accident didn’t happen at work, then most places won’t pay you. You’ll either have to take personal days or vacation days to cover your time off.
If you don’t have those privileges or have already used them up for the year, then you’ll have to go without pay. Some injuries’ healing process can take a few months, which will affect someone significantly.
Lawyer for a Claim
There’s some good news, and you can always file a personal injury claim. This should cover most of the costs of medical bills and finances lost.
“It’s important to evaluate all of the options for maximum recovery of compensation. The status of their injury claim challenges many victims,” state the experts at https://diamondlaw.ca/personal-injury.
If you’re looking to make a claim, make sure you collect all information about the accident, medical bills, and time lost at work. However, lawyers aren’t free. In general, winning a claim with a good lawyer is better than having a lot of debt.
The Bottom Line
Suffering a personal injury, even a minor one, is a pain in the neck, figuratively and sometimes literally. These accidents can cost you a lot of money that you weren’t expecting to spend. The medical bills can add up quickly, especially if you don’t have health insurance.
If you have to take time off of work, this can cause financial loss. When you want to claim to help pay for these expenses, that will also cost you some money for a lawyer.